Anand Rathi Wealth COO Resigns Amid Strong Q2 Performance

1 min read     Updated on 13 Oct 2025, 06:53 PM
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Overview

Anand Rathi Wealth Limited announced COO Niranjan Babu Ramayanam's resignation effective November 10, 2025. The company reported impressive Q2 results with total revenue up 23% to ₹307.20 crores and PAT up 31% to ₹99.90 crores. AUM grew 22% YoY to ₹91,568.00 crores. Net inflows in equity mutual funds increased 101% YoY. The company declared an interim dividend of ₹6.00 per share. Management highlighted consistent growth despite market declines, with a low client attrition rate of 0.18% for H1.

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*this image is generated using AI for illustrative purposes only.

Anand Rathi Wealth Limited, a leading wealth management firm in India, has announced significant changes in its senior management alongside impressive financial results for the second quarter.

Management Changes

Niranjan Babu Ramayanam, the Chief Operating Officer (COO) of Anand Rathi Wealth Limited, has tendered his resignation due to personal commitments. According to a company statement, Ramayanam will continue in his role until November 10, 2025, to ensure a smooth transition. The company has duly informed the stock exchanges about this change in senior management personnel.

Strong Financial Performance

Despite the management change, Anand Rathi Wealth has reported robust financial results for Q2:

Particulars (₹ Crores) Q2 Q2 PY Y-o-Y Growth
Total Revenue 307.20 249.60 23.00%
Profit Before Tax 134.20 102.20 31.00%
Profit After Tax 99.90 76.30 31.00%
EPS (₹) 12.00 9.20 31.00%

The company's Assets Under Management (AUM) grew by 22% year-on-year to ₹91,568.00 crores.

Key Highlights

  • Net inflows in equity mutual funds for Q2 increased by 101% year-on-year to ₹2,062.00 crores.
  • Total net inflows rose by 28% year-on-year to ₹3,002.00 crores in Q2.
  • The company's active client families grew by 16% year-on-year to 12,781.
  • Relationship Managers increased from 374 last year to 386.

Dividend Declaration

The Board of Directors has declared an interim dividend of ₹6.00 per equity share (face value of ₹5.00), amounting to a total payout of ₹4,981.24 lakhs.

Management Commentary

The company's management highlighted that despite declining Indian equity markets during the last quarter and full year, Anand Rathi Wealth delivered consistent, market-agnostic growth. This performance underscores the strength, stability, and scalability of their business model.

The low client attrition rate of 0.18% for H1, as measured by AUM lost, reaffirms the trust clients place in the company's uncomplicated and client-centric approach.

Anand Rathi Wealth Limited operates across 18 cities in India and has a representative office in Dubai. The company is well-positioned to capture significant growth opportunities in India's wealth management industry and continues to create sustainable value for all stakeholders.

As the wealth management sector in India continues to evolve, Anand Rathi Wealth's strong performance and strategic management changes indicate its readiness to adapt and grow in this dynamic market.

Historical Stock Returns for Anand Rathi Wealth

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%+0.44%-3.45%+65.45%+45.25%+905.86%
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Anand Rathi Wealth Reports 22.7% Revenue Growth in Q2 FY26, Approves Divestment of Subsidiary

1 min read     Updated on 13 Oct 2025, 05:07 PM
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Riya DeyScanX News Team
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Overview

Anand Rathi Wealth Limited announced robust Q2 FY26 results with 22.7% YoY growth in revenue and 30.9% increase in net profit. The company declared an interim dividend of Rs 6 per share. The Board approved the incorporation of a new subsidiary in GIFT City and the divestment of its entire stake in Freedom Wealth Solutions Private Limited. Mr. Pravin Jogani was appointed as Company Secretary and Compliance Officer.

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*this image is generated using AI for illustrative purposes only.

Anand Rathi Wealth Limited, a leading wealth management firm, has announced robust financial results for the second quarter of fiscal year 2025-26 (Q2 FY26), demonstrating strong growth across key metrics. The company has also approved the divestment of its entire stake in a subsidiary.

Financial Highlights

The company reported impressive growth in its consolidated financial performance for Q2 FY26:

Metric Q2 FY26 Q2 FY25 YoY Growth
Revenue from Operations 29,736.64 24,248.13 22.7%
Net Profit After Tax 9,989.60 7,631.10 30.9%
Earnings Per Share (EPS) 12.03 9.16 31.3%

For the half-year period (H1 FY26), the company's performance remained strong:

Metric H1 FY26 H1 FY25 YoY Growth
Revenue from Operations 57,138.29 48,009.50 19.0%
Net Profit After Tax 19,380.61 14,975.28 29.4%

Dividend Declaration

The Board of Directors has declared an interim dividend of Rs 6 per equity share (120% of face value of Rs 5 each) for FY2025-26. The record date for the dividend has been set as October 17, 2025.

Management Changes

Mr. Pravin Jogani has been appointed as the Company Secretary and Compliance Officer, effective October 13, 2025. Mr. Jogani brings experience from diverse sectors including financial services, manufacturing, retail, telecom, and ITES.

Strategic Expansion and Divestment

The Board has approved the incorporation of a subsidiary company in GIFT City, Gujarat, subject to regulatory approvals. This move signals the company's intent to expand its presence and potentially tap into new business opportunities.

In a significant development, the Board of Directors has also approved the disinvestment of its entire shareholding in Freedom Wealth Solutions Private Limited, a non-material subsidiary. The decision was made during a board meeting held on October 13, 2025. The company has given in-principle approval for transferring the complete stake to an identified purchaser at mutually agreed price and terms. As a result of this transaction, Freedom Wealth Solutions Private Limited will cease to be a subsidiary of Anand Rathi Wealth Limited.

Operational Performance

The company's strong financial results reflect its robust operational performance and effective strategy execution. The significant increase in revenue and profitability indicates growing market share and improved operational efficiency.

Anand Rathi Wealth Limited's consistent growth trajectory, strategic initiatives, and portfolio optimization through divestment position it well for continued success in the wealth management sector. The company's focus on expanding its footprint, strengthening its management team, and streamlining its operations demonstrates its commitment to long-term growth and shareholder value creation.

Historical Stock Returns for Anand Rathi Wealth

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%+0.44%-3.45%+65.45%+45.25%+905.86%
Anand Rathi Wealth
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